Willis Tower

So far this year has been memorable for mammoth deals, including the record $1.3 billion sale of the 110-story WillisTower and the pending $712 million sale of the 83-story Aon Center. Yet there also has been plenty of investment action

when New York-based Blackstone Group paid $1.3 billion for the city's tallest skyscraper, the 110-story WillisTower in the West Loop. That was the highest price ever paid for a U.S. office building outside New York. In a second

the company's second-largest shareholder. After opening the first Protein Bar in May 2009 across the street from WillisTower, he, with the help of $22 million in private equity funding, grew the company to nearly two dozen restaurants in

s estimated the building was selling for in May. Following Blackstone's recent $1.3 billion acquisition of the WillisTower, the latest deal is “a continuation of our big bet on downtown Chicago," Rose said in an email. "River North in

signs of slowing through the first half of 2015, which included a Chicago-record $1.3 billion sale of 110-story WillisTower and strong interest in 83-story Aon Center, which is expected to sell for well over $650 million. Downtown vacancy

observation deck to compete with WillisTower's Skydeck and John Hancock Center's 360 Chicago, according ..... the roost since the early 1970s. WillisTower's 103rd-floor Skydeck opened the ..... Aon Center. “The offerings at WillisTower and 360 Chicago, with the Ledge and

technicians and support personnel represented by the Teamsters rallied outside of the company's headquarters in the WillisTower, demanding a new collective bargaining agreement, according to a statement from the union.

recently completed $1.3 billion sale of 110-story WillisTower—the highest price paid for a U.S. office building ..... Kazmierczak, one of the brokers who handled leasing for WillisTower's former owners. Downtown vacancy has declined steadily in recent

based Blackstone Group earlier this month completed a Chicago-record $1.3 billion acquisition of 110-story WillisTower. Nearby, the 80-story Aon Center is for sale in a deal that could fetch about $650 million. In April, Stephen

record $1.3 billion deal for WillisTower, Blackstone Group picked up Chicago ..... sale. ‘OUTLIER BUILDING’ WillisTower, however, has unique features such as ..... March, a city spokeswoman said the WillisTower sale was expected to pour about

wants to build five towers with nearly 2,700 residential units on one site it controls just four blocks south of the WillisTower. The joint venture between Chicago developer CMK and Australian construction company Lend Lease Group has submitted

based private-equity firm Blackstone Group recently closed on its record $1.3 billion acquisition of 110-story WillisTower. DEVELOPMENT WAVE Landlords' biggest upcoming challenge appears to be the first big wave of office development in

A feature on homes on the market in the Chicago area with over-the-top architecture and decor was the most popular story online last week from Crain's real estate team.
The top five from June 6 through earlier this morning:

market now amid strong interest from national and international investors. The city's tallest building, 110-story WillisTower, sold to New York-based Blackstone Group on June 5 for an estimated $1.3 billion, the highest price ever paid